Economics
U.S. Loses $1.6 Billion From Shutdown Costing $160 Million a Day
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The partial U.S. government shutdown has closed the gates to Alex Thevenin’s place of business: the Grand Canyon.
Her family-owned Arizona Raft Adventures in Flagstaff, Arizona, lost $80,000 last week in income from a group excursion down the Colorado River that didn’t happen. Thevenin’s and five other small, whitewater businesses will lose almost $1 million because of canceled trips in the final few weeks of the 2013 rafting season, said John Dillon, executive director of the Grand Canyon River Outfitters Association in Flagstaff.